we’re still in the early stage of adoption of Bitcoin as Digital Capital.<\/p>\n\n\n\n
Bitcoin has far outstripped the Magnificent Seven.<\/p>\n\n\n\n
If you’ve been following
our journey, you know that our thesis was bitcoin is like the Facebook of
money or the Google of money. It is the dominant digital monetary
network. It’s a network that everybody in the world needs. Nobody in the
world can stop. And most conventional investors don’t understand. That
has always been the thesis. Bitcoin is proving that it is incredible. It is the
strongest asset<\/p>\n\n\n\n
Bitcoin is the strongest asset<\/p>\n\n\n\n
Using a Bitcoin strategy<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Bitcoin Tactics<\/p>\n\n\n\n
.<\/p>\n\n\n\n
The power of digital capital<\/p>\n\n\n\n
Bitcoin has given me hope and insane optimism for the future!<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Bitcoin is the winning asset class by far<\/p>\n\n\n\n
Embrace digital capital<\/p>\n\n\n\n
Embrace digital intelligence (Nvidia)<\/p>\n\n\n\n
Embrace digital photography?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Wave of a transformation of digital capital<\/p>\n\n\n\n
*<\/p>\n\n\n\n
Time for insane focus ,,, no more BS on waste of time \u00e2\u20ac\u0153emotions\u00e2\u20ac\u009d, \u00e2\u20ac\u0153relationships\u00e2\u20ac\u009d, \u00e2\u20ac\u0153family\u00e2\u20ac\u009d, \u00e2\u20ac\u0153community\u00e2\u20ac\u009d, \u00e2\u20ac\u0153people\u00e2\u20ac\u009d whatever — 100% focus<\/p>\n\n\n\n
.<\/p>\n\n\n\n
The capital markets are changing<\/p>\n\n\n\n
Bitcoin is dramatically beating the Magnificent Seven<\/p>\n\n\n\n
your best hope to actually keep up with the Magnificent Seven is
construct a bitcoin strategy. And of course, if it’s a levered long strategy,<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Levered long Bitcoin strategy<\/p>\n\n\n\n
.<\/p>\n\n\n\n
MicroStrategy is not just the number one performing
stock out of the S&P 500. We’re also the most volatile stock.<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Turn conventional wisdom on its head<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Isn\u00e2\u20ac\u2122t the most obvious decision to invest in #1 performing, even if short term most volatile like goes Down a lot?<\/p>\n\n\n\n
\nStomach the downside for 100x the upside!<\/p>\n<\/blockquote>\n\n\n\n
When you basically invest all of your
capital into treasuries, when you’re on the UST standard,<\/p>\n\n\n\nInvest all of your capital into treasuries<\/p>\n\n\n\n
My own treasury , treasure<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Don\u00e2\u20ac\u2122t keep your treasury in USD, but in Bitcoin!<\/p>\n\n\n\n
–> better to take an insanely big and epic risk now, ,,, and be insanely gloriously successful than boring and even high success?<\/p>\n\n\n\n
High success vs insanely epic massive success?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Returns are 10% weaker<\/p>\n\n\n\n
Generate 10% less than the cost to capital?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Capital then becomes toxic to the company ?<\/p>\n\n\n\n
Don\u00e2\u20ac\u2122t eschew volatility & bitcoin!<\/p>\n\n\n\n
Embrace. & love volatility and bitcoin?<\/p>\n\n\n\n
The capital is healthy<\/p>\n\n\n\n
*<\/p>\n\n\n\n
–> waste of time?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Low risk treasury, lose 10% of capital each year<\/p>\n\n\n\n
Equity markets die.<\/p>\n\n\n\n
Options markets become unhealthy<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Sick, sick company, sick assets?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Volatility vs Risk?<\/h1>\n\n\n\n
Unorthodox idea — what if, the most volatile asset (Bitcoin) were actually the LEAST<\/em> risky, but in short teem there is greater noise, and down swings?<\/p>\n\n\n\n
–> what else is the strategy? Invest in big tech companies –> all are bad bets, ironically enough Bitcoin and perhaps now MSTR are the only<\/em> decisions?<\/p>\n\n\n\n
–> 10% of your capital in MSTR (2x performance of Bitcoin but also greater volatility and downside). 90% of your own personal treasury in Bitcoin, which is actually not risky — just volatile?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Sick people, sick companies?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Beware, careful, don\u00e2\u20ac\u2122t talk too much or interact with people who look sick in the face?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Unhealthy , sick people<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Don\u00e2\u20ac\u2122t strip the volatility from your P&L or life?<\/p>\n\n\n\n
Profit & Loss?<\/p>\n\n\n\n
Only profit, no loss?<\/p>\n\n\n\n
How to never have losses, only profits?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Capital markets, don\u00e2\u20ac\u2122t dampen your appeal!<\/p>\n\n\n\n
Hedge, arbitrage etc —<\/p>\n\n\n\n
Public security<\/p>\n\n\n\n
How to Increase<\/em> Your Appeal?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Options open interest<\/p>\n\n\n\n
Options markets want to trade the volatility for short term gains<\/p>\n\n\n\n
Daily trading volume –> good!<\/p>\n\n\n\n
100x bigger<\/p>\n\n\n\n
Most optioned, most optionable, per weight<\/p>\n\n\n\n
Faster?<\/p>\n\n\n\n
Greater velocity?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Per market cap stock<\/p>\n\n\n\n
The cold is evil?<\/p>\n\n\n\n
The hottest stock in the universe<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Stock, stock market<\/p>\n\n\n\n
Daily trading volume #1<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Volatility as RPM in an engine ***<\/p>\n\n\n\n
Leverage, more weight, scary.<\/p>\n\n\n\n
$18B of capital, high RPM, velocity<\/p>\n\n\n\n
Move a small city or light it up!<\/p>\n\n\n\n
Embrace the volatility, love it!<\/p>\n\n\n\n
Positively polarized to capital<\/p>\n\n\n\n
The more capital you can gather, the more powerful you become!<\/p>\n\n\n\n
–> How to attract capital, or more capital?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Capital, capitalism! Duh!<\/p>\n\n\n\n
More capital, you\u00e2\u20ac\u2122re winning more?<\/p>\n\n\n\n
–> attract and build & grow more capital<\/p>\n\n\n\n
Think Capital not \u00e2\u20ac\u0153investment\u00e2\u20ac\u009d–> digital cyber capital!<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Enrich yourself!<\/p>\n\n\n\n
It needs to have performance<\/p>\n\n\n\n
You want velocity<\/em> !<\/p>\n\n\n\n
5 days > 5 years! ***<\/p>\n\n\n\n
.<\/p>\n\n\n\n
The holy grail –> beat SP 500 in just 5 days!<\/p>\n\n\n\n
Invest the capital in 5 days!<\/p>\n\n\n\n
Magnet which is attracting capital<\/p>\n\n\n\n
Capital market activity with Bitcoin combination<\/p>\n\n\n\n
Accretive not dilutive.<\/p>\n\n\n\n
Accretive high velocity fashion ***<\/p>\n\n\n\n
Open interest, trading volume<\/p>\n\n\n\n
Sell the volatility ***-> recycle back into Bitcoin!<\/p>\n\n\n\n
More traded pound for pound<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Think and consider pound per pound –><\/p>\n\n\n\n
The performance winner!<\/p>\n\n\n\n
Buy Bitcoin at the all time high!<\/p>\n\n\n\n
Principal protection & downside covered?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Never consider a \u00e2\u20ac\u0153loss\u00e2\u20ac\u009d until you sell ,,, and look at the all time trading, not daily or short term or week?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Strip the volatility and risk?<\/p>\n\n\n\n
Straight equity 100% upside 100% downside<\/p>\n\n\n\n
Return of Bitcoin but the downside protection!<\/p>\n\n\n\n
Protect your downside<\/strong>!<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Equity, bonds.<\/p>\n\n\n\n
$18 billion of permanent<\/em> bitcoin<\/p>\n\n\n\n
Don\u00e2\u20ac\u2122t sell the Bitcoin, sell the other stuff?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
The floor credit bond<\/p>\n\n\n\n
Equity holders<\/p>\n\n\n\n
LASER EYES.<\/p>\n\n\n\n
Forward expectations<\/p>\n\n\n\n
Liquid asset, 1.5%<\/p>\n\n\n\n
Plugged into the macro economy<\/p>\n\n\n\n
Plug yourself into the macro economy!<\/p>\n\n\n\n
Technology, entropy, chaos, inflation ^<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Macro economy drives crypto economy<\/p>\n\n\n\n
Capital preservation & productivity<\/p>\n\n\n\n
Cheaper leverage –> cheaper weights?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Just buy what\u00e2\u20ac\u2122s cheap now,,, and \u00e2\u20ac\u0153upgrade\u00e2\u20ac\u009d or invest in what\u00e2\u20ac\u2122s more expensive later?<\/p>\n\n\n\n
**<\/p>\n\n\n\n
Permanent capital<\/p>\n\n\n\n
–> how to fund it without touching or selling the Bitcoin?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
How to leverage or borrow AGAINST<\/em> your Bitcoin?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Borrow $300k?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Everyone wants to buy a security<\/p>\n\n\n\n
1x leverage<\/p>\n\n\n\n
Sell convertible bond at BTC high!<\/h2>\n\n\n\n
When we sell a convertible bond, if the price of Bitcoin is 70,000, and if
we were to sell the convertible bond or say when the price of bitcoin, in
fact, by definition, every single convertible bond we’ve ever sold was at
the high of bitcoin, right?<\/p>\n\n\n\n.<\/p>\n\n\n\n
Buy the bitcoin or the bond?<\/p>\n\n\n\n
Bitcoin long exposure<\/p>\n\n\n\n
How to access more capital?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Investing or starting a start up,,, like starting your own hedge fund?<\/p>\n\n\n\n
Redeemed at par.<\/p>\n\n\n\n
Bond instrument<\/p>\n\n\n\n
.<\/p>\n\n\n\n
MSTR equity outperforms bitcoin. That’s a 1.5x or more.<\/p>\n\n\n\n
Outperform on the upside<\/p>\n\n\n\n
.<\/p>\n\n\n\n
1.5x volatility<\/p>\n\n\n\n
\nSo if Bitcoin’s 50 vol, we’re 75 or 80 vol, if Bitcoin’s 50 ARR, we
might be 75 or 80 ARR, right?<\/p>\n<\/blockquote>\n\n\n\nMSTR as 75-80 ARR, Bitcoin is 50 ARR<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Everyone wants income & appreciation?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Bitcoin has a lot of energy in it. Bitcoin is crude capital.<\/p>\n\n\n\n
Bitcoin has a lot of energy in it, it is crude capital –><\/p>\n\n\n\n
.<\/p>\n\n\n\n
Bitcoin has a lot of energy in it,,, like crude oil?<\/p>\n\n\n\n
The New Bitcoin Barons?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Demand is driven by capital<\/p>\n\n\n\n
They want energy, power, progress<\/p>\n\n\n\n
They want oil!<\/p>\n\n\n\n
Oil & bitcoin –> the two highest energy and power things?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Unproven reserves —<\/p>\n\n\n\n
Refine into products<\/p>\n\n\n\n
You cannot use crude oil or crude bitcoin<\/p>\n\n\n\n
You can\u00e2\u20ac\u2122t use crude oil or crude bitcoin to buy or pay for things or your mortgage<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Borrow against yourself!<\/p>\n\n\n\n
Large pool of capital<\/p>\n\n\n\n
BTC SPREAD<\/p>\n\n\n\n
BTC YIELD<\/p>\n\n\n\n
\n
- Don\u00e2\u20ac\u2122t bleed capital<\/li>\n\n\n\n
- Opportunistic<\/li>\n\n\n\n
- Strategic<\/li>\n<\/ol>\n\n\n\n
.<\/p>\n\n\n\n
Bitcoin Strategy<\/p>\n\n\n\n
Security backed by digital capital ***<\/p>\n\n\n\n
I am backed by Bitcoin and digital capital<\/p>\n\n\n\n
.<\/p>\n\n\n\n
They love the volatility and performance<\/p>\n\n\n\n
Big tech monetary network<\/p>\n\n\n\n
Think Protocols<\/p>\n\n\n\n
Be or live unencumbered<\/p>\n\n\n\n
Goals–> 4, 5 kids?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Revitalize, inject performance<\/p>\n\n\n\n
.<\/p>\n\n\n\n
50 vol, 50 ARR<\/p>\n\n\n\n
3 year plan **<\/p>\n\n\n\n
$21B ATM<\/p>\n\n\n\n
Expand and accelerate ***<\/p>\n\n\n\n
We\u00e2\u20ac\u2122re a growth company<\/p>\n\n\n\n
Grow! Growth! Grow your family!<\/p>\n\n\n\n
*<\/p>\n\n\n\n
Grow with Bitcoin, 50% ARR<\/p>\n\n\n\n
.<\/p>\n\n\n\n
.<\/p>\n\n\n\n
60-100x, with 50% GROWTH<\/p>\n\n\n\n
.<\/p>\n\n\n\n
$70B-100B operation, MSTR<\/p>\n\n\n\n
You\u00e2\u20ac\u2122re not going to catch us, we\u00e2\u20ac\u2122re not slowing down!<\/p>\n\n\n\n
Faster!<\/p>\n\n\n\n
Target $42B next 3 years<\/p>\n\n\n\n
BTC GAINS, $10B a year!<\/p>\n\n\n\n
Good use of proceeds?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
TIMING, right now ,,, biological time clock! If you got the money RIGHT NOW<\/em>, go for it!<\/p>\n\n\n\n
.<\/p>\n\n\n\n
Bitcoin is the best use of proceeds<\/p>\n\n\n\n
Build a digital building in 5 days –> just wait 5 days!<\/p>\n\n\n\n
.<\/p>\n\n\n\n
We don\u00e2\u20ac\u2122t want you to stop!<\/p>\n\n\n\n
Exclusively –> exclusive relationship!<\/p>\n\n\n\n
.<\/p>\n\n\n\n
%29ARR, risk free is BTC<\/p>\n\n\n\n
that’s better than 29% ARR risk free for the next 21
years, right. We are focused on Bitcoin long-term, long hot time horizon.
So that’s the number one principle. It’s very important. Everything else is
built on it.<\/p>\n\n\n\n.<\/p>\n\n\n\n
Long term value creation –> you\u00e2\u20ac\u2122re my partner!<\/p>\n\n\n\n
You and I are in it together ***<\/p>\n\n\n\n
Maximum performance 10-20 years!<\/p>\n\n\n\n
.<\/p>\n\n\n\n
More volatile, higher performance than BTC<\/p>\n\n\n\n
MATR is hypercharged, turbocharged, supercharged on juice and steroids with BTC?<\/p>\n\n\n\n
.<\/p>\n\n\n\n
1.5x BTC<\/p>\n\n\n\n
Never stop stacking ! ***<\/p>\n\n\n\n
True north BTC YIELD<\/p>\n\n\n\n
Pristine.<\/p>\n\n\n\n
Pristine mind, pristine mindset **<\/p>\n\n\n\n
Pristine People?<\/p>\n\n\n\n
Unspoiled ***<\/p>\n\n\n\n
There are no losers on the Bitcoin standard, only varying degrees of winners.<\/p>\n\n\n\n
.<\/p>\n\n\n\n
$420T idea!<\/p>\n","protected":false},"excerpt":{"rendered":"
we’re still in the early stage of adoption of Bitcoin as Digital Capital. Bitcoin has far outstripped the Magnificent Seven. If you’ve been followingour journey, you know that our thesis was bitcoin is like \u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_ek_photo_artist_note":"","_ek_photo_thesis":"","_ek_photo_camera":"","_ek_photo_place":"","_ek_photo_human_moment":"","_ek_photo_sequence":"","_ek_photo_question":"","_ek_photo_canonical_claim":"","_ek_photo_ai_summary":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-646378","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/646378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=646378"}],"version-history":[{"count":1,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/646378\/revisions"}],"predecessor-version":[{"id":646379,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/646378\/revisions\/646379"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=646378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=646378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=646378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}